503, MAG 530
Sold prices and rental history: sold 4 times, last in December 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, MAG 530
What is 503 worth today?
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Source: Dubai Land Department. Updated 8 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 5th of 6
- Parking
- G-64
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,700 /yr
- Last sold
- AED 540K · December 2025
- Building
- MAG 530
About 503, MAG 530
503 is a studio of 476 sqft on the 5th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 December 2025 for AED 540,000, or AED 1,133 per sqft.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 8 August 2026, is AED 42,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 7,700 a year.
Sales and rents for 503 over time
503 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 530, and where 503 sits
All 12 studios →Over the last 12 months studios sold for AED 540,000, around AED 1,133 per sqft, and rent for AED 30,000 to 48,000 a year. 503's AED 42,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20234 July 2023 | 476 sqft | 320,000 | 671 | ||
| 24 Mar 202124 March 2021 | 473 sqft | 270,000 | 570 | ||
| 3 Jan 20193 January 2019 | 476 sqft | 399,000 | 837 | ||
| 26 Aug 201826 August 2018 | 473 sqft | 437,555 | 924 |
MAG 530
Building92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,133
- Typical sale
- AED 795K
- Typical rent
- AED 50K /yr
- Typical yield
- 7.0%
Other units on the 5th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,037 sqft | AED 795KAED 795,000 · Nov 2025November 2025 | 80,000 /yr | |
| 502 | 1-bed | 667 sqft | AED 549KAED 549,000 · Jun 2017June 2017 | 35,490 /yr | |
| 504 | 1-bed | 638 sqft | AED 500KAED 500,000 · Oct 2023October 2023 | 55,000 /yr | |
| 505 | 2-bed | 1,008 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 56,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 546KAED 545,555 · Dec 2016December 2016 | 50,000 /yr | |
| 507 | Studio | 473 sqft | AED 433KAED 432,777 · Apr 2017April 2017 | 12,000 /yr | |
| 508 | 1-bed | 638 sqft | AED 520KAED 520,000 · Dec 2017December 2017 | 33,000 /yr | |
| 509 | 1-bed | 639 sqft | AED 495KAED 495,000 · Oct 2023October 2023 | 30,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 50,000 /yr | |
| 511 | 1-bed | 623 sqft | No registered sale | 60,000 /yr | |
| 512 | 1-bed | 624 sqft | AED 570KAED 570,000 · Dec 2024December 2024 | 27,000 /yr | |
| 513 | 1-bed | 654 sqft | AED 578KAED 577,777 · Mar 2017March 2017 | 40,000 /yr | |
| 514 | 1-bed | 654 sqft | AED 556KAED 555,555 · Feb 2017February 2017 | 52,000 /yr | |
| 515 | 1-bed | 663 sqft | AED 578KAED 577,777 · Apr 2017April 2017 | 39,000 /yr |
503, MAG 530 in numbers
- Sold 4 times: first on 27 February 2017 for AED 398,933, last on 18 December 2025 for AED 540,000 (AED 1,133 per sqft).
- Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 20,000 in 2022 and recovered to AED 42,000 by August 2026.
- At AED 42,000 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 7,700 a year (AED 16.14 per sqft).
- Studios in MAG 530 sold for AED 540,000–540,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.
Source: Dubai Land Department. Updated 8 August 2026.
Questions about 503, MAG 530
What did unit 503 last sell for?
AED 540,000 on 18 December 2025: AED 1,133 per sqft for 476 sqft. The unit has 4 registered sales; the first was AED 398,933 in February 2017.
What is the rent for unit 503?
AED 42,000 a year on the contract signed on 8 August 2026. The previous contract, from August 2026, was AED 42,000; the unit has been rented since March 2019.
How big is unit 503?
476 sqft (44.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 530 sold for AED 540,000 to 540,000 in the last 12 months, around AED 1,133 per sqft.
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Mortgage on 503, MAG 530
Starts from the last sale price (AED 540K, 18 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →